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National market update

Existing-Home Sales Lose Momentum in April

WASHINGTON (May 21, 2015) — Despite properties typically selling faster than at any time since July 2013, existing–home sales slowed in April but remained above an annual sales pace of five million for the second straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced sales declines in April.

Owners Place High Value on Good Yards

Don't underestimate the importance of a beautiful yard to home owners and their neighbors. 84 percent of adults say that the quality of a home's landscape and yard would affect their decision on whether to purchase a home or not, according to a new survey of more than 2,000 adults conducted by the National Association of Landscape Professionals.

Existing home median price ()

Housing Starts ()

New home sales ()

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

March 2015

-11.4%

February 2015

+5.6%

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Local Sales & Price Activity

Denise Hackbarth

HOUSTON — (February 15, 2011) — Despite the bone-chilling winter weather, Houston's housing market heated up in January, recording the first increase in property sales since June 2010. Pricing also heated up in the first month of the new year, with the average price of single-family homes reaching the highest level ever for a January in Houston Read more

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Consumer tips & hot properties

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